Common use of Indemnities by the Collection Agent Clause in Contracts

Indemnities by the Collection Agent. Without limiting any other rights that the Deal Agent, the Investors or any Indemnified Party may have hereunder or under applicable law and in consideration of its appointment as Collection Agent, the Collection Agent hereby agrees to indemnify each Indemnified Party from and against any and all Indemnified Amounts arising out of or resulting from (whether directly or indirectly): (a) the failure of any information provided to the Deal Agent, VFCC or the Committed Investors by the Collection Agent to be true and correct in all material respects, (b) the failure of any representation, warranty or statement made or deemed made by or on behalf of the Collection Agent under or in connection with this Agreement to have been true and correct in all respects as of the date made or deemed made, (c) the failure by the Collection Agent to comply with any applicable law, rule or regulation with respect to any Transferred Receivable or the related Credit Card Agreement or (d) any failure of the Collection Agent to perform its covenants, duties or obligations in accordance with the provisions hereof.

Indemnities by the Collection Agent. Without limiting any other rights that the Deal Funding Agent, the Investors Group Agents, the Conduits, the APA Banks, the Redwood Insurer or any Indemnified Party may have hereunder or under applicable law and in consideration of its appointment as Collection Agent, the Collection Agent hereby agrees to indemnify each Indemnified Party from and against any and all Indemnified Amounts arising out of or resulting from (whether directly or indirectly): (a) the failure of any information provided to the Deal Funding Agent, VFCC the Group Agents, the Conduits or the Committed Investors APA Banks by the Collection Agent to be true and correct in all material respects, (b) the failure of any representation, warranty or statement made or deemed made by or on behalf of the Collection Agent under or in connection with this Agreement to have been true and correct in all respects as of the date made or deemed made, (c) the failure by the Collection Agent to comply with any applicable law, rule or regulation with respect to any Transferred Receivable or the related Credit Card Agreement Contract or (d) any failure of the Collection Agent to perform its covenants, duties or obligations in accordance with the provisions hereof.

Indemnities by the Collection Agent. Without limiting ----------------------------------- any other rights that the Deal Funding Agent, PARCO, the Investors APA Banks or any Indemnified Party may have hereunder or under applicable law and in consideration of its appointment as Collection Agent, the Collection Agent hereby agrees to indemnify each Indemnified Party from and against any and all Indemnified Amounts arising out of or resulting from (whether directly or indirectly): (a) the failure of any information provided to the Deal Funding Agent, VFCC PARCO or the Committed Investors APA Banks by the Collection Agent to be true and correct in all material respects, (b) the failure of any representation, warranty or statement made or deemed made by or on behalf of the Collection Agent under or in connection with this Agreement to have been true and correct in all respects as of the date made or deemed made, (c) the failure by the Collection Agent to comply with any applicable law, rule or regulation with respect to any Transferred Receivable or the related Credit Card Agreement Contract or (d) any failure of the Collection Agent to perform its covenants, duties or obligations in accordance with the provisions hereof.